The stock market started the week on a positive note on Monday, with investors’ portfolios gaining N37 billion. Specifically, the market capitalisation, which opened at N63.166 trillion, increased by N37 billion or 0.06 per cent to close at N63.203 trillion. Similarly, the All-Share Index rose by 62 points or 0.06 per cent to … Read more
The domestic bourse on Friday sustained its positive momentum to close the week with N248 billion gain. Specifically, the market capitalisation, which opened at N62.918 trillion, added N248 billion or 0.39 per cent to close at N63.166 trillion. The All-Share Index also advanced by 0.39 per cent or 406.2 points, to close at … Read more
The stock market started the year on a strong note, delivering an impressive N155 billion profit to investors on the first trading day. The positive performance was driven primarily by gains in Tier-one banking stocks, namely, Zenith Bank, United Bank for Africa (UBA) and FBN Holdings, Access Corporation, among other equities. Specifically, the market capitalisation, … Read more